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Investing money

Discussion in 'The Watercooler' started by steel machine, Mar 18, 2020.

  1. steel machine

    steel machine Well-Known Member

    12,234
    4,547
    Sep 21, 2017
    At my age I just have my monies invested in safest fund. I have friends who have taken a HUGE hit who are invested in the Market. Unless this is the end of world the markets at some point will rebound. I've had discussions with people who are thinking of switching their money from safe funds to the Market right now because when it rebounds you could make a really nice return. I'm kind of like Mike Tomlin here, do I throw the challenge flag or not?
     
    steel machine, Mar 18, 2020
    steel machine, Mar 18, 2020
    #1
  2. SteelCity_NB

    SteelCity_NB Staff Member Mod Team

    5,418
    684
    Oct 23, 2011
    I'm no financial expert but I'd hold off for a couple of weeks yet.

    But yes, there will be money to be made once things get back to normal.
     
    SteelCity_NB, Mar 18, 2020
    SteelCity_NB, Mar 18, 2020
    #2
  3. Ray D

    Ray D Staff Member Mod Team

    10,517
    1,978
    Oct 18, 2011
    All crashes rebound eventually.

    I wish I had money to throw around right now. I'd be buying.

    (edit: unless you're already retired, or very close. I'd be very nervous myself)
     
    Last edited: Mar 18, 2020
    Ray D, Mar 18, 2020
    Ray D, Mar 18, 2020
    #3
  4. MojaveDesertPghFan

    MojaveDesertPghFan

    8,011
    3,118
    Oct 19, 2011
    From what I can tell Ray, you could arbitrage your Spirit holdings very nicely in this market. :drinks:
     
    MojaveDesertPghFan, Mar 18, 2020
    MojaveDesertPghFan, Mar 18, 2020
    #4
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